Thursday 10 October 2024
 
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Officials after signing the partnership

Lune and AFS to enhance financial data services for MEA banks

MANAMA, 29 days ago

Arab Financial Services (AFS) has announced a partnership with Lune Technologies to innovate financial data services by introducing advanced data enrichment solutions for banks, fintechs and financial institutions.
 
AFS plays a crucial role in transforming how businesses and consumers interact with financial services, thanks to its comprehensive digital payment systems and innovative fintech solutions. Recognised for elevating financial services through technology, Lune specialises in unlocking the value of transaction data with advanced enrichment and analytics. 
 
Their efforts have empowered financial entities to harness the power of their data more effectively. By joining forces, they aim to set new benchmarks in financial data services, enhancing the sector's efficiency, decision-making, and user experiences.
 
Key benefits and features
The partnership will deliver a comprehensive suite of financial data services, designed to:
 
●Provide deeper insights into banking consumer spending behaviors.
●Enhance financial decision-making for businesses and consumers alike.
●Drive innovation in financial products and services through data-driven insights.
●Transform banking and payments transaction data into powerful, actionable insights for customers
 
Samer Soliman, CEO of AFS, stated: “Our partnership with Lune supports our goal to offer innovative, cutting-edge financial solutions. It leverages the best of both worlds, Lune’s enrichment engine and our state-of-the-art digital payment products and services. We aim to enhance the financial sector's efficiency and set new standards when it comes to user experiences.”
 
Helal Tariq Lootah, Co-founder and Co-CEO of Lune, commented: “Partnering with AFS allows us to reach a wider audience, deepen our impact, and brings us closer to revolutionising financial services across the Mena region. Our shared efforts will make financial insights more accessible and actionable for financial institutions around the region.”--TradeArabia News Service
 



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